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Forex Trend Analysis Report

Prepared for you on Monday, October 21, 2019.

Guatemalan Quetzal/US Dollar (FOREX:GTQUSD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GTQUSD
Open High Low GTQUSD Price Change
0.12895178 0.12901091 0.12895178 0.12901091 +0.00005900
Entry Signal

MarketClub’s Trade Triangles for GTQUSD

long term down The long term trend has been DOWN since Jun 17th, 2019 at 0.129595

intermediate term down The intermediate term trend has been DOWN since Sep 18th, 2019 at 0.129645

short term down The short term trend has been DOWN since Sep 25th, 2019 at 0.129525

Smart Scan Analysis for GTQUSD

Based on a pre-defined weighted trend formula for chart analysis, GTQUSD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GTQUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12895178 0.12901091 0.12895178 0.12901091 +0.00005900
Prev. Close Volume Bid Ask Time
0.12895178 0.12602077 0.13200104 2019-10-17 20:06:19
Want to analyze Guatemalan Quetzal/US Dollar GTQUSD or another symbol? Try our Free Forex Trend Analysis Report.